AUS
NZ
UK
CA
USA
IND
Financial
Which ASX insurance stock is top pick of Morgan Stanley?
January 18, 2024 07:12 PM AEDT| By Team Kalkine MediaAs we step into 2024, the insurance sector is once again under the analytical lens of financial experts. Among them, Morgan Stanley stands out with its projections that the attractiveness of insurance companies will persist throughout the year. This...
Why are EML (ASX: EML) shares on rise today?
January 18, 2024 06:24 PM AEDT| By Team Kalkine MediaToday (18 January 2024), shares of EML Payments (,ASX: EML,) surge by an impressive 22.15%, reaching AU$0.91 apiece. The company announced its decision to withdraw from the PFS Card Services Ireland (PCSIL) business.,According to EML, the PCSIL board...
Why are Suncorp (ASX: SUN) shares catching investors’ attention?
January 17, 2024 06:07 PM AEDT| By Team Kalkine MediaIn the dynamic world of investments, identifying a stock with substantial growth potential is akin to discovering a hidden gem. Suncorp Group, listed on the Australian Securities Exchange (,ASX: SUN,), has been catching the attention of investors. Le...
Citi Raises Price Target on Netwealth Group (ASX: NWL) and Upgrades Stock Rating
January 16, 2024 02:39 PM AEDT| By Team Kalkine MediaIn the dynamic world of stock markets, analyst recommendations often serve as valuable guides for investors. Recently, Citi, a leading brokerage firm, made significant moves regarding Netwealth Group (,ASX: NWL,), demonstrating its confidence in the...
What do analysts have to say about Macquarie Group (ASX: MQG) stock?
January 15, 2024 04:41 PM AEDT| By Team Kalkine MediaIn a complex landscape of mergers and acquisitions, UBS analysts suggest that Macquarie Group's asset management division (,ASX: MQG,) may be undervalued. The recent surge in M&A activities has prompted UBS to raise the company's price target to AU$1...
Morgan Stanley cuts price targets and earnings estimates of three ASX financial stocks. Here’s why.
January 11, 2024 05:31 PM AEDT| By Team Kalkine MediaThe financial market is abuzz with recent developments as Morgan Stanley takes a significant stance on Insignia Financial (,ASX: IFL,), AMP Limited (,ASX: AMP,), and Challenger Ltd (,ASX: CGF,). In this article, we'll delve into the details of Morgan...
Shocking 79% Plunge in EML Payments' Share Price in Three Years
January 08, 2024 11:13 AM AEDT| By Team Kalkine MediaInvesting entails risk and witnessing a substantial 79% drop in the share price of EML Payments Limited (,ASX: EML,) over three years can cause concern among long-term shareholders. Recent declines of 29% in the last 90 days have added to their appre...
Why Did ANZ Shares Outperform the ASX 200 in 2023?
January 03, 2024 06:03 PM AEDT| By Team Kalkine MediaANZ Group Holdings Ltd (,ASX:ANZ,), a prominent player in the Australian banking sector and listed on the ASX, demonstrated remarkable performance in 2023, delivering strong returns for investors. Throughout the year, ANZ shares experienced a notable...
Block (ASX: SQ2) Stock Performance: A Mixed Bag with Recent Momentum
January 03, 2024 12:51 PM AEDT| By Team Kalkine MediaIn the realm of financial markets, the performance of a company's share price is a critical indicator of its standing, reflecting investor sentiment, market dynamics, and the company's operational success. A prominent entity in the market, Block Inc....
CBA Shares Outpaced Inflation in 2023. Here's Why
January 02, 2024 03:19 PM AEDT| By Team Kalkine MediaCommonwealth Bank of Australia (,ASX:CBA,) shares delivered impressive returns in 2023, outperforming the S&P/ASX 200 Index. The stock, which closed at $102.60 on December 30, 2022, saw a significant increase to $111.80 by the end of the 2023 trading...
Which shareholder group is more powerful at Insurance Australia Group (ASX: IAG)
January 02, 2024 11:37 AM AEDT| By Team Kalkine MediaThe key insights about the ownership structure of Insurance Australia Group (,ASX: IAG,) reveal a significant presence of retail investors, who collectively wield substantial influence in company management and strategy. These retail investors, compr...
Is Link Administration (LNX.AK) poised for its best month ever after buyout offer?
January 01, 2024 10:46 AM AEDT| By Team Kalkine MediaAustralia's Link Administration Holdings (,LNK.AX,) recently announced a takeover offer from Japanese financial giant Mitsubishi UFJ Financial Group (MUFG).,Shares of the pension administration firm have surged,, making December a potential record-br...
Australia's Finance Sector: A Year of Resilience and Growth
January 01, 2024 10:15 AM AEDT| By Team Kalkine MediaThe finance sector in Australia (,INDEXASX: XFJ,) is on track for a substantial rebound in 2023, following a downturn in the preceding year. Despite apprehensions of recession and heightened competition within the mortgage market, the sector exhibite...
Can Bank of Queensland Shares Make a Strong Comeback in 2024?
December 30, 2023 07:10 AM AEDT| By Team Kalkine MediaBank of Queensland Ltd (,ASX: BOQ,) has encountered a challenging year, with its shares poised to close 2023 with a 12% annual decline. Despite staging an 18% rally since the beginning of November, the bank faces skepticism from the market regarding...
ANZ Shares Waver with Mixed 2024 Outlook for Aussie Borrowers
December 21, 2023 04:21 PM AEDT| By Team Kalkine MediaAustralia and New Zealand Banking Group Ltd (,ASX: ANZ,) witnessed a rollercoaster of movements on Thursday as its shares wavered between gains and losses. Initially down 0.6% in early trade, the bank stock managed to recover those losses and posted...
Morgan Stanley's Insights on Latitude Group Holdings (ASX: LFS) Earnings Volatility
December 18, 2023 06:32 PM AEDT| By Team Kalkine MediaAnalysts at Morgan Stanley have provided insights into the expected earnings volatility for Latitude Group Holdings (ASX: LFS), a consumer lending services provider, shedding light on various factors influencing its stock movement.,Share Price Moveme...
Why I Prefer Telstra Shares for Dividends Over CBA Stock?
December 12, 2023 10:35 PM AEDT| By Team Kalkine MediaWhen considering dividend income, Telstra Group Ltd (TLS) appears to offer a more favorable outlook compared to Commonwealth Bank of Australia (CBA) and other domestic-focused,ASX financial shares,. Let's delve into the potential dividend income from...
Should AMP shareholders be excited about the 2024 forecast?
December 12, 2023 10:32 PM AEDT| By Team Kalkine MediaAMP Ltd (,ASX: AMP,) shares have faced significant challenges in 2023, witnessing a 27% decline. This situation is particularly notable within the context of ASX financial stocks. The financial company's latest financial update for the three months e...
QBE Insurance's Shares Witness Decline, Morgan Stanley Trims Price Target
December 12, 2023 05:39 PM AEDT| By Team Kalkine MediaQBE Insurance's shares experienced a downturn, dropping by as much as 0.21% to close AU$14.46 apiece on 12 December 2023. This significant decline triggered reactions from analysts, with Morgan Stanley adjusting the insurer's price target marginally...
ANZ's Support Amidst Regional New South Wales Flooding
December 08, 2023 05:36 PM AEDT| By Team Kalkine MediaIn response to the ongoing major flooding in regional New South Wales, ANZ has stepped forward to support its customers during this challenging time. Mark Hand, ANZ's Managing Director Retail Distribution, highlights the initiatives aimed at providin...
Advertise your brand on Kalkine Media